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Safe & Green Development (Safe & Green Development) Debt-to-EBITDA : -0.68 (As of Mar. 2024)


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What is Safe & Green Development Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Safe & Green Development's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $6.76 Mil. Safe & Green Development's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Safe & Green Development's annualized EBITDA for the quarter that ended in Mar. 2024 was $-10.01 Mil. Safe & Green Development's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -0.68.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Safe & Green Development's Debt-to-EBITDA or its related term are showing as below:

SGD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.2   Med: -2.73   Max: -1.41
Current: -1.41

During the past 3 years, the highest Debt-to-EBITDA Ratio of Safe & Green Development was -1.41. The lowest was -3.20. And the median was -2.73.

SGD's Debt-to-EBITDA is ranked worse than
100% of 1250 companies
in the Real Estate industry
Industry Median: 6.035 vs SGD: -1.41

Safe & Green Development Debt-to-EBITDA Historical Data

The historical data trend for Safe & Green Development's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Safe & Green Development Debt-to-EBITDA Chart

Safe & Green Development Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-EBITDA
N/A -3.20 -2.25

Safe & Green Development Quarterly Data
Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.64 -3.26 -2.90 -1.40 -0.68

Competitive Comparison of Safe & Green Development's Debt-to-EBITDA

For the Real Estate - Development subindustry, Safe & Green Development's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Safe & Green Development's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Safe & Green Development's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Safe & Green Development's Debt-to-EBITDA falls into.



Safe & Green Development Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Safe & Green Development's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(6.811 + 0) / -3.022
=-2.25

Safe & Green Development's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(6.756 + 0) / -10.008
=-0.68

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2024) EBITDA data.


Safe & Green Development  (NAS:SGD) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Safe & Green Development Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Safe & Green Development's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Safe & Green Development (Safe & Green Development) Business Description

Traded in Other Exchanges
N/A
Address
990 Biscayne Blvd, Suite 501, Office 12, Miami, FL, USA, 33132
Safe & Green Development Corp is a real estate development company that focuses on the development of sites using purpose built, prefabricated modules built from both wood & steel, sourced from one of Safe & Green Holdings factories.
Executives
Paul M. Galvin director C/O SG BLOCKS, INC., 400 MADISON AVENUE, SUITE 16C, NEW YORK NY 10017
Christopher Melton director C/O SG BLOCKS, INC., 400 MADISON AVENUE, SUITE 16C, NEW YORK NY 10017
Yaniv Blumenfeld director C/O SG BLOCKS, INC., 195 MONTAGUE STREET, 14TH FLOOR, BROOKLYN NY 11201
J. Scott Magrane director C/O SG BLOCKS, INC., 400 MADISON AVENUE, SUITE 16C, NEW YORK NY 10017
Jeffrey C. Tweedy director C/O ACADEMY SPORTS AND OUTDOORS, INC., 1800 NORTH MASON ROAD, KATY TX 77449
David Roberto Villarreal director, officer: Chief Executive Officer 17 STATE STREET, 19TH FLOOR, NEW YORK NY 10004
Safe & Green Holdings Corp. director 195 MONTAGUE STREET, 14TH FLOOR, BROOKLYN NY 11201
Peter G. Demaria director 990 BISCAYNE BLVD., #501, OFFICE 12, MIAMI FL 33132
Alyssa L. Richardson director 990 BISCAYNE BLVD., #501, OFFICE 12, MIAMI FL 33132
Nicolai Ayrton Brune officer: Chief Financial Officer 990 BISCAYNE BLVD., #501, OFFICE 12, MIAMI FL 33132